Which of the following is a topic studied in macroeconomics?
A) The pricing decisions in the computer hardware industry
B) The effect on economic growth if the government raises taxes
C) How the wheat industry determines how much wheat to grow
D) The impact of labor unions on wages
E) The impact of higher prices for gasoline on the number of SUVs people buy

Question

Quizplus · Accepted Answer

Macroeconomics looks at the big picture of the economy and analyzes how different factors, such as government policies, affect the overall economic growth. Option B is the only topic that addresses this aspect of macroeconomics.

Which of the Following Is a Topic Studied in Macroeconomics